US Stock of the Day - Understanding How it Works

US Stock of the Day is for traders who are looking for a US Stock to trade each day. I base my picks on US Stocks I follow on the Nasdaq, Dow, S&P and other indices such as the Russell 1000, etc., watching for a swing in the momentum upward. I keep a tight stop loss on all trades to minimize my risk... and allow the great stock trades to continue rising. These are not recommendations... merely entertainment. Please see the warning at the bottom of this page.

Thursday, October 13, 2011

US Stock of the Day for October 14, 2011

Moving into Friday... will it set up for another rising week, or signal hesitation?

Normally, I'd be splitting some of my 5% + positions into two stop loss orders; however, I'm not convinced this move upward will continue... so I'll keep my stop losses tight, following it up. A pullback may result in returning to the purchase prices... at which point I may reconsider a repurchase. This way I can try to maximize my returns.

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Caution/Disclaimer

This information is posted for entertainment purposes only. Please recognize that all information on this site is subject to error and, therefore, it does not make any representations and specifically disclaims all warranties, expressed, implied, or statutory, regarding the accuracy or completeness of any material contained within or generated from. The end user assumes all responsibility, costs, and risks of any investing and / or trading. Please consult a qualified financial advisor before making any investing decisions.